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OMG | China's richest village: Huaxi Village

Huaxi Village, located in the east of China about 130 km away from Shanghai, is one of the richest villages in China where everyone has more than RMB 100,000 in their bank accounts. Huaxi Village was founded by Wu Renbao in 1961 and build up itself as a model of Chinese communism. Wu even put Huaxi on China's stock exchange in 1998, so that villagers can have stakes in the profits of the village. Let's watch the aerial video of Huaxi Village.

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